Radar Raises $170 Million in Series B Funding at $1 Billion Valuation

Radar has raised $170 million in a Series B funding round at a $1 billion valuation as the company expands its AI-powered retail intelligence platform globally.

The round was led by Gideon Strategic Partners and Nimble Partners, with participation from Align Ventures.

The company said the funding will support broader retail deployments, development of new sensor hardware, expansion of AI analytics capabilities, and continued work on autonomous checkout systems.

In addition, Radar plans to expand operations across Canada, Europe, the Middle East, Africa (EMEA), and Latin America.

Company Develops AI-driven Retail Tracking Infrastructure

Led by Spencer Hewett, Radar develops retail intelligence systems that combine overhead sensors, software, and analytics tools into a single operational platform.

The company’s sensors are installed on store ceilings and continuously track tagged merchandise throughout stores, stockrooms, and fitting rooms.

According to Radar, the collected location and movement data is processed through its software layer to support:

• Automated replenishment alerts

• Omnichannel fulfillment routing

• Loss prevention monitoring

• Merchandising analytics

The platform integrates with existing retailer systems to support store operations and inventory management.

Platform Deployed Across More Than 1,400 Stores

Radar said its technology is currently deployed across more than 1,400 retail stores in the United States.

Its customers include American Eagle Outfitters and Old Navy.

The company stated that retailers are increasingly adopting AI-powered tracking and analytics systems to improve inventory visibility, reduce operational inefficiencies, and support omnichannel commerce strategies.

Company Announces CFO Appointment

Alongside the funding announcement, Radar said it has appointed Abi Viswanathan as Chief Financial Officer.

The company also maintains additional offices in San Francisco and San Diego.